It still going to be painful shorts. Retail lil shorts will take most of the loss. Imo CLF should easily beat tomorrow.
Easy money by July.
Yes. At the end, company has its own market, is profitable, the only risk is some loans they have but we all know and specially banks know oil is cyclical, they wouldn't mind pushing notes or payments if that were the case. Due economy been better I am expecting an oil rally to settle mid 60's by mid July. Emes is going to bounce fast the month of May and June. This pullback is an opportunity for anybody wanting to take a poaition time ago and couldn't I am so in at this dirt cheap price. Cheers!.
Should trade around $50 by end of May.
How many want to be left holding the bag after earnings???
Since last week forces are driving the stock higher. If tomorrow earnings beat the breakthrough shpuld take CLF easily to $8. In addition, I heard the sales of vaseline has increased at stores therefore makes me think odds are against dhorts and they know it. Be careful.
I think is accumulation. Imo I think MMs are holding the price for the kabooommm tomorrow. I prefer to be bullish than bearish at this time. If I am wrong , it is what it is you win some you lose some.Good luck.
hey sillysally yeah I'm back ready to make some money with cree again. Last time I got here after the the whole selloff and bad earnings from the mid $30's to $27 then ride it up to $36. I haven't been back yet but decided to be back because I feel optimistic about CREEs results tomorrow.
Let's see how it goes. I'm still seeing a close of $38-40 by Friday. Cree carries a big short float so squeezes are always possible. If beat is joined with increasing outlook forget it about it.. $38 is an easy reach. Let's see how it goes.Good luck on your stance either bullish or bearish.
I think they will beat Estimates and a pop of $2-$3 should create squeze to $40 that week. Traditionally Cree reports good numbers on April report due seasonal sales. In addition, so encouraging seen lots of S&P and nasdaq companies beating estimates. Easy money here.
Retail shorts are late for the party. They should have ahorted when LL was at $50. Reversal in place.
There is no way it will go back under $30. It eithertrades flat to consolidate a $33,-$34 support or rockets to the moon on a Sharp V recovery. Either way, Should be trading at $40,s by end of next week.
They are going to release the slides for the presentation before the conference call, thats what normally happens on conference calls and explains why stocks are on a move before calls. I'm expectting an open of $34.50-$35. If they nail the conference call it could rally more. Then friday we could expect upgrades. Could close the week at around $38-$40. More than that sounds like an impossible. Squeezes take days.
You are looking for a dream World. If reality was all about customer/consumer what about everything we eat and the poor regulations?. All that corn fed unnatural beef we eat. Same with poultry and any meat. All the chemicals they put in makeups and beauty products that companies are not obligated to disclose, the list is infinite. If you are going to leave in a World where you worry about cancer or anything then you may as well leave the City and live in the wild. Even celphones can potentially produce cancer. Ct scans radiation, Exposure to sun, etc. Cancerigens are everywhere. What happened to LL is an overblown out of the context bad propaganda. They have complied with testing and Carb. Tomorrow we will hear better info.